By Gina Lee, Peter Nurse and Kim Khan
Investing.com – Certain areas of New York state will reopen in the middle of next month, Governor Andrew Cuomo said Monday.
General Motors (NYSE:) has suspended its quarterly cash dividend, while Apple (NASDAQ:) is delaying the production ramp-up of its flagship iPhones, as the coronavirus hits corporate America.
The European Central Bank will step up its emergency stimulus measures this week to combat the pandemic’s economic hit in the absence of a more solid fiscal response, according to strategists at Goldman Sachs Group (NYSE:).
U.S. Areas of New York state will start to reopen on May 15, Cuomo said. But others will remain on lockdown. Hospitalizations continue to decline, he added.
U.S. New York canceled its presidential primary, which was already delayed, due to the coronavirus.
U.S. General Motors has suspended its quarterly cash dividend on its common stock and its share…